VR may actually show how a product would appear without having to build a physical prototype. Ford Motors has been using its own FIVE (Ford Immersive Vehicle Environment) virtual reality technology long before consumer Oculus and HTC headsets became available in the automobile industry to construct virtual representations of yet non-existent cars down to the tiniest detail. Engineers can explore what it's like to be inside of the future vehicle while designs are sent into virtual automobile environments.

Augmented reality is used on wearable devices like HoloLens to show information about an object on your screen. Using VR, you can take this experience into an immersive 3D environment that allows users even more freedom to interact with their digital overlay.

If you have employees who are remote, it's possible to create a virtual office where people can come together. This allows for communication and collaboration even if the entire team isn't working out of the same office.

One use of VR is to create a space where you can meet with other people. This could be useful for business meetings, conventions or simply friends who live in different areas.

Incorporating VR into movies would enhance the experience. Similar to watching a movie, viewers would have a larger field of view and the ability to look around naturally with their eyes instead of a mouse or remote control.